2026-01-15 05:43:30

A major trading account has experienced a significant rebound. The trader who decisively opened short positions during the 1011 market crash now has a total profit exceeding $145 million.

What’s even more noteworthy is the recent performance. As Bitcoin broke through $96,000 and Ethereum surpassed $3,300, this trader’s positions also increased in value—his Ethereum long positions, worth $676 million, are currently floating with a profit of over $36.96 million, while his Bitcoin long positions have also reached a floating profit of $49.67 million.

However, there are costs behind the gains. To maintain such a large position size, this trader has paid $6.65 million in funding fees. This also reflects how high the maintenance costs are for large long positions in the current market environment.

BTC-1,99%

ETH-2,05%

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MEVictim

· 15h ago

$6.65 million in funding fees, this guy is really ruthless. If I had that spare money, I would have gone on vacation already.

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TokenStorm

· 15h ago

$66.5 million funding fee, this guy is really risking his life... Technically, the probability of a breakdown isn't high, but once this financing cost reverses, he'll be liquidated immediately. I bet he'll still be alive this year.

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CrashHotline

· 15h ago

$66.5 million in funding fees? Oh my, this is the price of playing big. I'm cracking up, with unrealized gains approaching $50 million and still having to pay fees—truly the troubles of the wealthy. Wow, earning $145 million—how strong must the trader be? I can only watch the show. Such terrifying funding fees—no wonder they say you should open positions early. If this move really goes wrong, a black swan could arrive, and the funding fees could eat away at a lot of profit. $145 million... I'm stunned, I can't even imagine.

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TradFiRefugee

· 16h ago

$66.5 million in funding fees... How much does this guy have to earn to break even?

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GateUser-9ad11037

· 16h ago

Damn, $66.5 million in funding fees... How crazy is this move? --- $145 million, this guy is really playing with money. --- Speaking of spending $6.65 million to maintain a position, how confident are they in the future market? --- Floating profits over a billion, but the funding fee is also outrageous. How is risk management handled? --- Big players are big players. They dare to short during flash crashes and hold heavy positions during uptrends. I can only watch. --- 9,600 BTC and 3,300 ETH, it's really happening. --- Maintenance fees are so expensive. Without strong capital, it's simply unaffordable. --- This brother's trading style looks both aggressive and rational. Respect. --- 76 million ETH long position... What if it crashes? Just thinking about it is scary. --- Floating profits of 40-50 million but paying so much in maintenance fees. The more you earn, the more you spend.

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GasFeeGazer

· 16h ago

$6.65 million in funding fees… How much pressure does this guy have to withstand? No matter how much unrealized profit there is, he has to watch the money flow out every day.

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